Big four accountants PwC has reported double-digit revenue growth on the back of strong performance across its four main business areas.

The professional services firm notes revenues rose 11 per cent to £3.4 billion in the 2016 year to June 30.

Revenue from PwC's Scottish operation is reported to have risen 12 per cent in the 2016 year – a fourth year of double-digit growth - though the firm doesn't provide regional performance figures.

However PwC notes “UK regional revenues grew by 10.6 per cent”.

PwC notes its Scottish division was buoyed by a external audit wins with Virgin Money, Weir Group and Aberdeen Asset Management and being appointed global tax advisors to Aggreko Plc and John Menzies Plc.

The firm said its Scottish cyber team is also working on multi-million pound projects with “a major UK bank and public sector body”.

The group notes overall, revenue from its assurance business rose 11 per cent to £1.24 billion, tax revenues were up eight per cent to £822 million, deals was up four per cent to £654 million and consulting was up 26 per cent to £720 million.

Ellis said “Digital and data analytics will probably be the future of professional services.”

The firm said distributable profit per partner dropped five per cent to £706,000 as a result of continued investment in people and technology, acquisitions, record partner promotions and increases in staff remuneration.

The number of equity partners increased to 926, from 885 the prior year and staff remuneration, inclusive of bonuses and National Insurance, rose 16 per cent to £1.5 billion.

The group said pre-tax profits before members’ remuneration rose two per cent to £868 million, and profits for the year attributable to members was down one per cent to £747 million.

Lindsay Gardiner, PwC's regional chairman for Scotland, said: “This is our fourth consecutive year of double-digit growth in Scotland and it’s a fantastic achievement down to not only the staff providing the advice and services our clients need but also in the firm being able to identify future opportunities and invest in them at an early stage.

“We now have one of the largest cyber-security teams in Scotland and we are working with major companies on blockchain and fintech solutions while also being recognised for our excellence in the more traditional areas professional service firms are associated with.

“This combination allows us to have a reactive and relevant set of services for Scottish businesses in a period where they are looking for guidance in order to succeed in Scotland, the UK and Europe.”

Gardiner added: “And while it was a strong year, we are already looking ahead.

“Our Aberdeen team are moving to new premises at The Capitol in November, renewing our commitment to the North-east, our graduates continue to impress in their exam results and overall, while we are in uncertain times, we are certain we can deliver a strong offering to clients across multiple lines of service in the coming year.”

PwC employs more than 21,000 people across its 64 offices in the UK, Channel Islands and the Middle East.